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Oracle 1z0-1056-21 Exam: How to Pass and Exam Details
It is important to know that the 1z0-1056-21 exam, also known as the Oracle Financials Cloud: Receivables 2021 Implementation Essentials exam, is designed for professionals who want to demonstrate their expertise in implementing and using the Oracle Financials Cloud Receivables application. The exam focuses on various topics related to Receivables, including the implementation process, transactions, accounting, collections, and reporting.Exam Objectives
The 1z0-1056-21 exam objectives are divided into different categories, each with specific areas of focus. These categories are:- Overview and Implementation Essentials - covers topics such as the Receivables application, implementation considerations, and implementation tasks.
- Transactions - covers topics such as customer maintenance, invoicing, credit and debit memos, and revenue management.
- Accounting - covers topics such as managing receivable transactions, revenue accounting, and period-close tasks.
- Collections - covers topics such as managing customer collections, dispute resolution, and delinquency management.
- Reporting and Business Intelligence - covers topics such as Receivables reports, analysis, and dashboards.
Exam Details
The Oracle 1z0-1056-21 exam is a multiple-choice exam consisting of 70 questions. The time allotted for the exam is 105 minutes, and the passing score is 68%. The exam is delivered through the Oracle testing center or through an online proctored exam. The cost of the exam varies depending on the region, but it is typically around $245.Related Books
To prepare for the 1z0-1056-21 exam, candidates can refer to the following books:- Oracle Financials Cloud: Receivables Implementation by Nivas Ramanathan - This book covers the implementation process for Oracle Financials Cloud Receivables, including configuration, testing, and post-implementation tasks.
- Oracle Financials Cloud: Payables, Receivables, and General Ledger by Zachary S. Ball - This book covers the various financial modules in Oracle Financials Cloud, including Receivables, Payables, and General Ledger.
- Oracle E-Business Suite Receivables R12 by Ismail Jones - This book covers the Receivables module in Oracle E-Business Suite, which may be helpful for candidates who want to understand Receivables concepts in a broader context.
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